Thank so much for the reply! Can you give me just a bit more info considering these details?
1 - I am assuming that when NC asks for the "Amount of tax imposed by another state or country" it would not be my actual SC tax amount due for the year including 1099-INT and 1099-R amounts. Would I need to do my taxes without the 1099-INT and 1099-R amounts to find out just what my tax would have been based on my W2 wages?
2 - Then I'd take that SC tax amount due and figure out what it would have been at NC's lower rate. Then I take that number and multiply it by 40% to get the amount I'm supposed to enter for "Amount of tax imposed by another state or country" and that is the Out-of-State Tax Credit that I receive? At which point I can go back and add my 1099-INT and 1099-R.
